Textiles Branch of Xiangfan International Foreign Trade Corporation

The Textiles Branch of the International Foreign Trade Corporation in Xiangfan City, Hubei Province, is a foreign trade enterprise specializing in the import and export of textiles in the position of a legal entity. The corporation has rich technology and boasts RMB8 million in fixed assets, RMB50 million in working capital, RMB1.2 million in self-owned capital, RMB100 million in annual trade, US$10 million in foreign exchange earnings and RMB1 million in profits. It takes     

Portugal Sees Top Priority Market in China——Interview with H.E.Mr.Rui Quartin-Santos,Ambassador of portugal in China

In recent years, the economic and trade cooperation between China and Europe has witnessed a rapid growth and is showing a more and more remarkable tendency of market integration, this is why the Chinese market and west-em European countries are being comprehensively opened to one another. Portugal, at the western point of Europe which has a territory of 92152 sq. meters and a population of 10.54 million, is ready to accelerate its integration into the Chinese market. In 2005, according to Chinese statistics provided by the Custom's Office, the bilateral trade between China and Portugal was only US$1.236 billion. When interviewed by China's Foreign Trade in November, H.E. Mr. Rui Quartin-Santos, Ambassador of Portugal in China stressed: "Among the countries in Europe, Portugal has one of the longest historical relations with China. China is regarded as a top priority market for Portugal and the Portuguese business community." His comments are as follows: By Editor     

“More Romanian Furniture and Wine Will Be in China”—An Exclusive Interview with Mr.Sorin Dimitriu, President of Bucharest Chamber of Commerce and Industry

Mr.Sorin Dimitriu,President of Bucharest Chamber of Commerce and Industry,is an old friend of China.This August,he visited Beijing for the Romanian-Chinese Business Forum,along with 35 Romanian enterprises as a large business delegation accompanying Romanian Prime Minister Mr.Emil Boc's visit to China.Less than one month later,he was in Beijing again for the 2011 Beijing International Conference of Friendly Chambers of Commerce in September.In his career life,he has made great efforts to the promotion of Romanian-Chinese business.On the bilateral trade and investment of between Romania and China,China's Foreign Trade took an exclusive interview with Mr.Sorin Dimitriu.     

Compose the New Chapter For the Foreign HR Service——An Interview with the Secretary-General of China Association of Foreign Service Trades,Zhao Naizhen

In the 21st century,China has be come a powerful engine to pro mote the world economy.Confronting with the world-class competitions,Chinese industries will deal with the unprecedented challenges and opportunities.China‘s entry into WTO also leads us to a boundless business environment of economic system and globalization.The ever-growing co-operations on foreign trade raised new subjects to our foreign services.Under the new situation and developing trend, foreign services must play an important role on the stage of Chinese economy.As a trade association in this field,what are China Association of Foreign Service Trades(CAFST)‘s current situation and future development? Recently, the writer interviewed with the secretary-General of CAFST,Mr.Zhao Naizhen.     

China Business Delegation Visits U.S and Canada

CCPIT will organize a business delegation consisting of over one hundred entrepreneurs to visit U.S. and Canada in June 2009, which are invited by US Chamber of Commerce, the U.S. Western Gover-nors Association and the China-Canada Trade Council. Mr. Han Meiqing, vice minister of International Liaison Department of CCPIT, announced this news on April 16, 2009 at a press conference. And they will launch a series of economic and trade exchanges. “Forum on Sino-US trade and investment cooperation” will be held in the U.S, and it will be the largest scale economic and trade exchange by China and U.S business communities since Obama took office.     

CHINA TRANSPORT (GROUP) SHANDONG CORPORATION

The China Transport (Group) Shandong Corp. is a large enterprise specializing in transport. As a cargo-transport agent, it deals in import and export transport business by sea, air, rail, and road for corporations in foreign trade, industrial trade, technology trade, local trade and foreign investment. Since the reform and opening, it has developed its shipping agent business to meet the needs of economic development and international cargo transport. It set up the Shandong Shipping Agency to arrange the declaration procedures for freighters to enter and leave harbours, the joint inspection of berthing operations, the     

RMB Comes Back Home——From the perspective of AGCO's acquisition of Dafeng by paying in RMB

More and more RMB funds are flowing out of China through various channels,including RMB international trade settlement,foreign-invested enterprises' profits,proceeds generated from their China business units,dim sum bonds and the contemplated RMB denominated stocks offering in Hong Kong.How to attract the RMB funds to come home will be an important issue for Chinas central government,especially under China's strategy of RMB internationalization.     

RMB Comes Back Home——From the perspective of AGCO's acquisition of Dafeng by paying in RMB

More and more RMB funds are flowing out of China through various channels,including RMB international trade settlement,foreign-invested enterprises' profits,proceeds generated from their China business units,dim sum bonds and the contemplated RMB denominated stocks offering in Hong Kong.How to attract the RMB funds to come home will be an important issue for Chinas central government,especially under Chinas strategy of RMB internationalization.     

Shandong Provincial Materials Corporation (Group)

The Shandong Provincial Materials Group Corporation is a large enterprise group subordinated to the Strucutral Reform Office of the provincial government. This year, it was granted autonomy in the operation of import and export trade by the state. The corporation has a total registered capital of RMB176 million, governmentowned capital of RMB220 million and     

China Petrochemical International Company

The China Petrochemical International Company is a foreign trade company which combines industry and trade, and is subordinated to the China National Petrochemical Corporation, responsible for business in foreign trade and economic technical cooperation. The company mainly handles the import and export of petrochemical technology and complete sets of equipment, petrochemical raw materials and products, mechanical equipment, meters and instruments, spare objects and spare parts; undertakes the business of processing materials and samples supplied     

Jiangsu Foreign Trade Co., Ltd

The former Jiangsu Foreign Trade Import Company founded in 1984, Jiangsu Foreign Trade Company, Ltd. was given its present name in 1993 when it became a share holding company. The company's initial registered capital in 1984 was RMB1 million, which expanded to RMB30.58 million in 1994. At present, the company's business scope includes import and export trade,     

CCPIT and Italian Trade Commission Sign Cooperation Memorandum——Italian Trade Commission Chairman awarded gold medal to CCPIT Chairman Wan Jifei

On November 29, 2006, CCPIT Chairman Wan Jifei and Chairman of Italian Trade Commission jointly signed the Memorandum of Cooperation. After the signature ceremony, Mr. Ambassador Umberto Vattani, President of Italian Trade Commission (ICE) awarded a gold medal to Mr. Wan Jifei, in order to praise the great contributions he has made in promoting the trade relations between China and Italy. He pointed out that the gold medal was just coined in three pieces and with great significance. Davide Cucino, Chairman of China-Italy Chamber of Commerce, and Italian Embassy officials participated in the signature ceremony. Following, China's Foreign Trade interviewed the Italian Chairman and Mr. Wan Jifei. By Editor     

CCPIT and italian Trade Commission Sign Cooperation Memorandum——ltalian Trade Commission Chairman awarded gold medal to CCPIT Chairman Wan Jifei

On November 29, 2006, CCPIT Chairman Wan Jifei and Chairman of ltalian Trade Commission jointly signed the Memorandum of Cooperation. After the signature ceremony, Mr. Ambassador Umberto Vattani, President of Italian Trade Commission （ICE） awarded a gold medal to Mr. Wan Jifei, in order to praise the great contributions he has made in promoting the trade relations between China and Italy. He pointed out that the gold medal was just coined in three pieces and with great significance. Davide Cucino, Chairman of China-ltaly Chamber of Commerce, and Italian Embassy officials participated in the signature ceremony. Following, China＇s Foreign Trade interviewed the Italian Chairman and Mr. Wan Jifei.     

Weifang Salt Chemical Industry Group Corporation

Founded in August 1992, the Weifang Salt Chemical Industry Group in Shandong is a large enterprise consisting of production and operation, scientific research and development, information, and trade. It comprises 18 units and is the biggest crude salt and salt chemical industrial enterprise in China. The group has a staff of 11,900 and fixed assets of RMB503 million. In 1993, it attained RMB569 million industrial     

China National Chemical Construction Corporation

The China National Chemical Construction Corporation is a foreign trade enterprise directly under the leadership of the Ministry of Chemical Industry. As a foreign trade window, it is engaged in introducing foreign advanced technology and complete sets of plant equipment for China's chemical industry, importing chemical raw materials and products and exporting chemical technology, equipment and products. As one of the national top 500 enterprises with a large import and export volume, the corporation's foreign trade ranked 29th in 1995 rising from 175th in 1990. According to statistics from the American Engineering Record Association in 1995, its business volume of     

China's Taxtile Rose up 20% during 2005

China enjoyed an estimated 20% rise in revenue, prof its and exports in 2005 despite trade rows with the US and the EU, according to a report from the China Chamber of Commerce for Import and Export of Textiles. Sales revenue for the year to-taled RMB2 Trillion (US$250 Billion) as profits reached RMB 66 billion and exports were RMB 116 billion. The chamber said the increases had been driven by a ramp up in in-     

DEVELOPMENT THROUGH OPENING——Mr.Jiang Xingzhen on Shaanxi's Dual Opening Strategy

At the east-west economic and tradeexchange and cooperation conferencesponsored by the China Council forthe Promotion of International Trade, Shaanxi'sVice-Governor Jiang Xingzhen spoke aboutShaanxi's investment environment and itsdual opening strategy. Firstly Mr. Jiang made a briefintroduction on Shaanxi. Shaanxi, located atthe junction of the middle and western areasof China, is one of the origins of China'ssplendid ancient civilization. Its rich mineralresources include 92 varieties of provenreserves, 28 of which, including molybdenum,rhenium, mercury, coal and natural gas havereserves ranking in the first three and 58ranking in the top ten in the country. The     

Trade Promotion from Neighborhood

If you are considering to trade with companies in Japan or expanding your .business to Japan, we are ready to help from the very beginning.＂ You will find this greeting at the first sight on the Chinese website of Japan External Trade Organization （JETRO）. JETRO has committed itself in delivering highly efficient and quality services to meet the demand of internal and external customs including Japanese companies, hence winning a good reputation in the international trade arena. In recent years, with its priority in advancing business cooperation in South and East Asia, JETRO has made great achievement in promoting trade between China and Japan. Therefore, China＇s Foreign Trade interviewed Mr. Yoichi Maine, Deputy Director General of JETRO BEIJING.     

Trade Promotion from Neighborhood

"If you are considering to trade with companies in Japan or expanding your business to Japan,we are ready to help from the very begin- ning."You will find this greeting at the first sight on the Chinese website of Japan External Trade Organiza- tion (JETRO).JETRO has committed itself in delivering highly efficient and quality services to meet the demand of internal and external customs in- cluding Japanese companies,hence winning a good reputation in the inter- national trade arena.In recent years, with its priority in advancing business cooperation in South and East Asia, JETRO has made great achievement in promoting trade between China and Japan.Therefore,China's Foreign Trade interviewed Mr.Yoichi Maine, Deputy Director General of JETRO BEIJING.